Mines Management reaches milestone at Montanore
It’s taken more than a decade, but Mines Management (TSX: MGT; NYSE-MKT: MGN) could be on the brink of pushing its Montanore project in northwestern Montana past the permitting finishing line.
Silver
New Armenian legislation is a plus for Lydian
Lydian International (TSX: LYD; US-OTC: LYDIF) says new mine ramp gradients will help it save up to $100 million in operating costs, and trim total cash costs to US$600 per oz. from US$642 per oz. at its Amulsar gold project in southern Armenia.
Foran finds promising results at the Hanson Lake camp
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has wrapped up the first round of drilling this year on two deposits near its flagship McIlvenna Bay project in Saskatchewan’s Hanson Lake camp, to see if it could delineate more resources near the…
UBC’s MDRU celebrates 25th anniversary
VANCOUVER — The Mineral Deposit Research Unit (MDRU) at the University of British Columbia (UBC) held its 25th anniversary celebration in early April at the Vancouver Convention Centre, where Peter Bradshaw, cofounder and Canadian Mining…
Klondex adds life to Midas with aggressive drilling
When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…
Technical troubles dog Copper Mountain in Q1
Mechanical difficulties at Copper Mountain Mining’s (TSX: CUM) 75%-owned Copper Mountain mine in southern B.C. involving a transformer failure on one of the ball mills in February and a 10-day disruption with the regrind mill in March…
Panoro’s Cotabambas PEA a good start
Analysts believe Panoro Minerals’ (TSXV: PML; US-OTC: POROF) preliminary economic assessment (PEA) on the Cotabambas project shows the copper-gold-silver-molybdenum porphyry deposit is viable, despite failing to impress investors.
Agnico to consolidate El Barqueno with Soltoro bid
VANCOUVER — It’s been a busy twelve months on the acquisition front for Agnico Eagle Mines (TSX: AEM; NYSE: AEM), and the company continued its drive on April 10 with a $32-million bid for Toronto-based explorer Soltoro (TSXV: SOL;…
Nautilus targets 2018 for undersea mining
VANCOUVER — It’s been a bounce-back 12 months for junior Nautilus Minerals (TSX: NUS; US-OTC: NSUMF), which has overcome a major sociopolitical hurdle to get back on track to develop the world’s first undersea mining operation…
SilverCrest sketches out Santa Elena’s future
VANCOUVER — It’s been a challenging twelve months for SilverCrest Mines (TSX: SVL; NYSE-MKT: SVLC), but the producer has adapted to lower metal prices at its Santa Elena epithermal silver-gold mine, 150 km northeast of Hermosillo,…
[Update] SilverCrest sketches out Santa Elena’s future
VANCOUVER — It’s been a challenging twelve months for SilverCrest Mines (TSX: SVL; NYSE-MKT: SVLC), but the producer has adapted to lower metal prices at its Santa Elena epithermal silver-gold mine, 150 km northeast of…
Ecuador pushes for mining investment at PDAC
Ecuador’s new mines minister Javier Cordova has only been on the job since February, but he knows that the country’s infamous windfall profits tax is unpopular with miners.